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YMM

Full Truck Alliance Co. Ltd. (NYSE:YMM) shares rose in premarket trading after announcing an extension of its share repurchase program and declaring an annual cash dividend. The company plans to repurchase up to $300 million of its shares through March 12, 2025, and declared a dividend of $0.0072 per ordinary share, payable in April 2024. Full Truck Alliance also forecasts a revenue growth of 23.9% to 27.1% year-over-year for the upcoming quarter and aims to expand its user base and enhance its services.

Portfolio Pulse from Nabaparna Bhattacharya

March 13, 2024 | 12:46 pm

AMZN

LLY

Amazon.com's Amazon Pharmacy has integrated Eli Lilly And Co's LillyDirect into its services for home delivery of select medications for diabetes, obesity, and migraine. This partnership marks a significant expansion in access to vital medications, leveraging Amazon's logistics for direct delivery. Eli Lilly also announced a new website for telehealth prescriptions and has taken legal action against the sale of fraudulent products mimicking its diabetes and weight loss treatments.

Portfolio Pulse from Vandana Singh

March 13, 2024 | 12:41 pm

LILM

Lilium N.V. (NASDAQ:LILM) and Atlantic Aviation have signed an MOU to electrify airport infrastructure across the U.S., aiming to support regional air mobility with the all-electric Lilium Jet. This partnership will ensure compatibility of Atlantic's network of over 100 FBOs with the Lilium Jet, focusing on infrastructure deployment and operations to optimize passenger experience. The collaboration marks a significant step towards establishing a network for the Lilium Jet's service launch in key U.S. markets, including Florida, Southern California, the Northeast corridor, and Texas.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:40 pm

SVFD

Save Foods Inc. has received regulatory approval in California for its 'FieldProtect' pre-harvest product, marking a significant milestone for the company in expanding its market presence in the agricultural sector.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:39 pm

BTCUSD

ETHUSD

SPY

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin dropped due to hotter-than-expected CPI data, with analysts predicting Bitcoin's next key level at $83K. US markets saw movements with Beauty Health and others moving higher, and the Dow jumping over 200 points amid improved investor sentiment. Biden's approval ratings rose, and tech discussions included Nvidia's position and AI challenges. Tesla was highlighted in electric vehicle and general news, with Elon Musk's comments on AI and environmental protests. Disney and TikTok also made headlines in communication.

Portfolio Pulse from Akanksha Bakshi

March 13, 2024 | 12:38 pm

VEEE

Twin Vee PowerCats announced the launch of its Model Year 2025 product line, featuring the 280 Autonomous Super Boat and the 280 Dual Console. This marks a significant expansion of Twin Vee's offerings, showcasing innovation in autonomous marine technology and design.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:36 pm

AAPL

AMZN

BOTZ

GOOG

IYW

META

MSFT

NVDA

The European Union Parliament has endorsed the world's first comprehensive AI regulatory framework, categorizing AI technologies based on risk levels. This move positions Europe as a leader in global AI standards and impacts major tech companies like Nvidia, Alphabet Inc, Amazon, Apple, Meta Platforms, and Microsoft, which are heavily invested in AI development. The EU's regulatory efforts also target anti-competitive practices with the Digital Markets Act. Investors can gain exposure to AI through ETFs like BOTZ and IYW.

Portfolio Pulse from Anusuya Lahiri

March 13, 2024 | 12:35 pm

JNJ

U.S. FDA staff reviewers have expressed uncertainty regarding the overall benefit-risk assessment of J&J's Carvykti, casting doubts on its approval prospects.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:35 pm

XPON

Expion360 announced that its EX1 SmartTalk Bluetooth Batteries have achieved UL 1973 compliance, underscoring the company's dedication to safety and innovation within the expanding lithium battery market. The UL 1973 compliant batteries are now being shipped to customers.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:32 pm

NTWK

NETSOL Technologies, Inc. has entered into a $12 million agreement with a major global automotive company to support its operations in China. This deal underscores NETSOL's strong position in the automotive finance technology sector and its growing influence in the Chinese market.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:32 pm